Titan Medical Inc (TMDIF)

[renovatio33]

It's the lesser of two evils.

Either board up shop or dilute existing shareholders.

If you can get cash now to make a positive impact rather than speculate on market conditions or investor appetite down the road, then prudently, you must raise.

I'm not even remotely happy with the continued equity offerings, but as the team is hopefully exploring non-dilutive options, this is the path.

My assumption is that they are building a war chest of cash as cushion and requirement to uplist.

At the end of the day, I probably don't have a conflicting view compared to you, just choose to take the long-term view and stay objective on the steps to that end game.